Pivot
(invalidation):
1.2920
Our preference
Long positions above 1.2920 with targets at 1.2975 & 1.3005 in extension.
Alternative scenario
Below
1.2920 look for further downside with 1.2905 & 1.2890 as targets.
Comment
The RSI advocates for further advance.
(By Swissquote TRADING CENTRAL)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")